Feds Pump $3.8 Billion More Into GMAC

The U.S. Treasury Department invested another $3.8 billion in the financial company GMAC, bringing its total commitment to $17.2 billion. This raises Treasury’s ownership stake to 56.3% (up from 35.4%), making taxpayers the majority stakeholder in the company. This also…

Top Speed 2009 Car of the Year

Quite a few shiny new cars have rolled through the Top Speed garage over the last 365 days, we have logged countless miles and spent enough time in drive thrus to thoroughly evaluate the ins and outs of everything from a stripped down fuel efficient Chevy Cobalt XFE that we thought would make a great racecar all the way up to a fully loaded ginormous GL 550 from Mercedes, everything from the gas/electric hybrid king of the road Toyota Prius to just about every iteration of Subaru’s all new Legacy. But it wasn’t until recently when Santa brought us the best early Christmas gift of all time, a Victory Red Chevrolet Camaro SS.

Ever since spending an afternoon with the man who drew the car, Luciano Nakamura, we have grown fond of the 2010 Camaro’s sinister grin, broad shoulders and classic Coke bottle shape. However when we received the keys to the more economical V6 equipped RS model earlier this year and we found it to be lacking in a few areas, mainly performance. At the heart of the the 21st century Super Sport pony car is a 426 HP LS3 V8 that breathes new life into the Camaro. The rumble of fuel injected Detroit iron miraculously made the interior much larger and while most journalists have complained about the extra cylinders adding too much weight over the front axle, but we felt the Camaro SS was more then well equipped to hang the tail out or handle a hard turn in.

It didn’t matter if we were banging gears or just cruising, we loved the way the retro steering wheel made you drive the Camaro with your fingertips, not to mention staring at those broad shoulders every time you look back at someone who isn’t having as fun as you are in the side mirror. Combine that kind of performance with a mid $35,000 price tag and you have just opened up an entire new audience to a beautifully styled high performance muscle car, and for that we must name the 2010 Chevrolet Camaro SS as the 2009 Top Speed Car of the Year.

Continued after the jump.

Top Speed 2009 Car of the Year originally appeared on topspeed.com on Thursday, 31 December 2009 18:00 EST.

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King Headz Losi 8ight Front caster blocks

New for the Losi 8ight 2.0 and 8ight-T 2.0 are these front caster blocks which have been CNC machined from 7075 aircraft grade aluminium and anodized. These blocks will allow you to adjust caster on each wheel independent from the other wheel by simply loosening two bolts, rotating the block and then re-tightening the bolts. [...]

Daily Downshift: December 31, 2009

+ Due to reports of fatal accidents caused by jammed accelerator pedals, Toyota has issued its largest-ever recall in order to correct the faulty floormats in 4.3 million vehicles. We recreate the scenario with a recalled Camry and two other current models from the competition to find out what can be done to prevent these [...]

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Tommy Ivo: What I’d Do Differently – Interview

An actor from age nine until leaving Hollywood 20 years later to go drag racing, Ivo became the first to cover the quarter-mile in less than six seconds. Retired from racing in 1982 and now 73, he reflects on his career.
C/D: We’re talking to you because of your racing background, but we can’t ignore the [...]

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IRS Lowers Business Mileage Deduction

When taxpayers scramble to finish their returns this April 15, they will see a 9% cut in the business mileage deduction from 55 cents per mile to 50 cents per mile. The Internal Revenue Service also announced that those who…

Name That Exhaust Note, Episode 21: 2009 BMW 135i

On Tuesday, we posted an audio recording of a mystery car’s exhaust note. To hear it again, click play above. Several of you thought it was the Nissan 370Z, while a few got closer by making out the noticeable whoosh of a pair of turbochargers. Congrats to those that identified it as BMW’s twin-turbo inline-six, [...]

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Piston Slap: A Legacy Of Hesitation?

Piston Slap: A Legacy Of Hesitation?TTAC Commentator NICKNICK writes:
Mr. Mehta, my 1999 Subaru Legacy 2.5 GT often loses power in the first hundred yards of driving. It has never failed to start, and it has never stalled during the period of power loss. It does not matter if the car is started cold, or if it’s been running [...]

Car News Articles found this 11 hours ago on thetruthaboutcars.com

Find more top auto news, videos, and blogs on ThrottleBlips: Japan, Legacy

Dealing with Unintended Acceleration – Tech Dept.

Runaway Toyotas.
Lexus and Toyota models were stung recently by claims that faulty floor mats had jammed throttle pedals and were causing wide-open acceleration. Toyota has agreed to a largest-ever recall of 4.3 million vehicles (which could cost $250 million or more) to modify the gas pedals and remove unsecured or incompatible driver’s floor mats. Not [...]

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JConcepts small racing bag

The new small JConcepts racing bag is a compact, multi-purpose equipment bag that can be used for about any of your R/C needs.  Its design and proportions allow you to store and transfer just about any combination of compact R/C equipment you desire. There is enough room for 1/10th scale buggies, 1/16th scale vehicles or [...]

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